Innovation Nation – The UK SME Innovation Survey Read more
Our insight, your reward
Specialists in all things innovation and R&D tax relief
GovGrant is here to make sure that innovation is recognised and receives the full range of innovation tax incentives.
We can help you maximise the value of your innovation by claiming:
R&D tax relief
These government schemes are designed to boost innovation by offering businesses tax relief for their R&D activity.
Intellectual Property services
Getting into the Patent Box which rewards IP rich companies starts with solid, direct advice on your Intellectual Property.
R&D capital allowances
Research and Development Allowances, also known as RDAs, are a tax relief for businesses incurring capital expenditure on qualifying R&D activities.
Creative industries tax reliefs
A group of eight corporation tax reliefs to promote culturally-relevant productions in the UK.
All businesses can benefit
More businesses than ever benefit from R&D tax credits, but still billions remain unclaimed. Either due to under claiming or never claiming, this needs a technical eye to really drive the outcome. Rarely does this R&D translate into IP or patents, that’s where we come in.
Many businesses do not consider R&D tax credits as something that could apply to them. Most do not see the value in applying for patents.
- Almost any manufacturer
- Software developments that are not off the shelf
- Offering a genuinely a new product – you google it and can’t find it
- Offering a product which exists but you address a performance issue or take the product on to another stage
- Your product was launched in a limited market so part of scalability was to take the product into different sectors and applications
- You are growing through acquisition and there is uncertainty in integration
- For example, bakery selling more of an artisan bread does not present a challenge, however taking manufacturing of bread from a bakery to factory could qualify as innovation
- Your consumers will expect new versions
- A dip in income forces you to do something to improve the product or service
- There can be an ongoing drive to be leaner and increase margin
- Sometimes innovation is found in “the day job”, perhaps a new reporting tool, updating old machinery and adapting machinery
- How do you value your innovation – our due diligence could reveal the value of your R&D and Intellectual Property
This is our core business and you can be confident of our track record.
We will team you up with the right expert – whatever your size, industry or location.
Our experts are business people first – we speak your language.
We have a seat at the table when policy is discussed. We will always stand up for innovative businesses in the UK.
And even if you’ve made a claim already
We maximise claims through an expert led, detailed assessment of your activities. There is usually a very good chance we will improve them.
On average, we have increased existing claims by 200%, because we know how to find the full potential of your claim.
Find out more about how we could help you increase your claim.
Contact us for a free review to see if we can increase your claim
What are the benefits of a GovGrant review?
A GovGrant review is more than the sum of its parts. Your GovGrant technical specialist will come and walk the floors so they are ideally placed to give an overview of all of the innovation incentives you could be entitled to.
Unlike any other provider, GovGrant takes a genuinely holistic approach and thinks about the big picture. We look at things in the whole rather than breaking it down into parts – so you can be sure that your innovation is recognised and receives the full range of available government funding.
How can we help you maximise the value of your innovation?
We attend and run workshops, webinars, exhibitions and events to share knowledge and keep you up to date with the issues that impact innovation in your business.
Find current events near you or watch GovGrant webinars on demand
Contact us today to find out how we can help you.
Latest thinking… news and views
Posted on Wednesday 28 October 2020
HMRC recently reported on the outcome of a first-tier tax tribunal case investigation into an R&D tax claim, in the case of Hadee Engineering Co Ltd (Hadee). Hadee made R&D > Read more
Posted on Tuesday 6 October 2020
Now that I have had some time to digest the recent update from HMRC in respect of the R&D tax credits and Patent Box statistics, there are three things that > Read more
Posted on Wednesday 30 September 2020
The latest Research and Development Tax Credits and Patent Box statistics have been released today by HMRC. It’s encouraging to see a year-on-year increase in claims for R&D tax relief > Read more
If you always do what you always did, you will always get what you always got.
